Infectious Greed: How Deceit and Risk Corrupted the Financial Markets

Rating:
Summary: Puts it to those fat greedy wall street scumbags
Review: What a book, a well reasearched archive of the inner workings of Wall Streets' "ellite" firms. It is clear to many that the abuses that these firms have been able to get away with have no place in a free market democracy. His account of the growth in OTC derivatives is most chilling given the recent explosion in these "risk management tools" as documented vy the BIS. Wall street does not make its money being smart, it makes its money being smater than the guy on the street who is blind. If they are so smart why then does the fed have to keep bailing them out, LTCM JP Morgan et al.... purposeful depression of the gold price ring any bells people GO GATTA!